Common use of Failure to Meet Obligations Clause in Contracts

Failure to Meet Obligations. If the vendor is unable to meet its agreement obligations as set out in this invitation, the local governmental entity at its option, may purchase material from any other available source on the open market, may cancel the agreement or applicable portions thereof, and/or may award the portions so cancelled to another supplier. In the event the State is required to purchase the materials from another source as a result of the contracted vendor not being able to meet their commitment, any additional expenses in excess of the agreement price will be deducted from any money due the contracted vendor.

Appears in 9 contracts

Samples: Professional Services, Professional Services, Professional Services

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